Economic Measures Trade

  • BEIJING, Sept 12- China's state oil refiners are readying to export more diesel and gasoline in coming months as a bleak outlook for what is typically the nation's period of greatest consumption sends shivers through an already saturated global market. Slackening demand this year and surging output from China's small independent refiners have swollen...

  • Containers are stacked at the Hanjin Shipping Co. Busan New Port terminal in Busan, South Korea

    The crisis surrounding Hanjin Shipping has rocked the industry, but even more shipping lines could find themselves in trouble, warns a CEO.

  • portugal reform risk

    Portugal's Finance Minister Mario Centeno says the country is committed to stabilizing its financial sector and pushing through structural reforms.

  • How a rebalancing Chinese economy impacts Australia

    The Australian Centre for Financial Studies' Martin Foo talks about how Australian exports to China have shifted from resources to services.

  • These are China's best performing cities

    The Milken Institute's Perry Wong explains why Guiyang tops the list of China's best performing cities, and why Beijing didn't make the top 10.

  • A torrent of data from China and India due this week will offer insights into the health of Asia's fastest-growing economies.

  • LONDON, Sept 10- Britain as a trading nation has become "too lazy and too fat" and business leaders are more interested in playing golf on Friday afternoons than in seeking new export markets, International Trade Secretary Liam Fox was recorded saying. Fox, who was a prominent campaigner for Britain to leave the European Union and says the country must forge new...

  • *London cocoa hits three-month low. NEW YORK/ LONDON, Sept 9- Cocoa prices plunged to their lowest in several months on Friday on news that top producer Ivory Coast may cancel and resell 200,000 to 250,000 tonnes of exports, which would prompt exporters to hedge, weighing on futures prices. The equivalent New York contract lost $123, or 4.3 percent, to settle at $2,762...

  • TORONTO, Sept 9- Canadian and Chinese officials held productive talks last week on a dispute over canola exports and will meet again next week, Trade Minister Chrystia Freeland told reporters on Friday. "There will be more face-to-face negotiations next week," she said. China agreed on Aug. 31 to delay introducing stricter rules on canola shipments from Canada...

  • LONDON, Sept 9- Most industrial metals slipped in thin trade on Friday, weighed by weak oil prices, a stronger dollar and concern about Europe's economy after German exports tumbled, with zinc at its lowest in more than a week. "China has been stabilizing, but now the worries are related to the U.S. and the European manufacturing sector, which is slowing down again," said...

  • Wholesale inventories unchanged in July

    CNBC's Rick Santelli reports the final read on wholesale inventories for July.

  • LONDON, Sept 9- Most industrial metals slipped in thin trade, weighed by weak oil prices and concern about Europe's economy after German exports tumbled, with zinc at its lowest in more than a week. "China has been stabilizing, but now the worries are related to the U.S. and the European manufacturing sector, which is slowing down again," said Gianclaudio Torlizzi,...

  • BRUSSELS, Sept 9- A deal that would allow Canada to sell maple syrup duty free in the EU and Europeans to ship more cheese to Canadian shops has become the focus of a battle with anti-globalisation groups that is key to the future of Europe's free trade agreements. Supporters of the huge deal say it would increase trade between the EU and Canada on a range of products,...

  • BRUSSELS, Sept 9- The European Union and Canada struck a multi-billion dollar trade pact called the Comprehensive Economic and Trade Agreement in 2014 after five years of talks. It is expected to be signed by Canada and EU member states in October. The European Union and Canada have agreed to eliminate tariffs on almost 99 percent of goods.

  • LONDON, Sept 9- Most industrial metals slipped on Friday in thin trade, weighed down by weak oil prices and concern about Europe's economy after German exports tumbled, with zinc drifting to the lowest in over a week. "China has been stabilizing, but now the worries are related to the U.S. and the European manufacturing sector, which is slowing down again," said...

  • LONDON, Sept 9- Sterling climbed on Friday, on track for its fourth straight week of gains against the dollar, as investors trimmed bets against the currency ahead of data that could show the country's yawning trade gap shrinking in July. Adam Cole, head of G10 strategy at RBC Capital, said that while exports will rise as a result of sterling's fall, import prices will...

  • LONDON, Sept 9- Sterling climbed on Friday, on track for its fourth straight week of gains against the dollar, as investors trimmed bets against the currency ahead of data that could show the country's yawning trade gap shrinking in July. Adam Cole, head of G10 strategy at RBC Capital, said that while exports will rise as a result of sterling's fall, import prices will...

  • BERLIN, Sept 9- German Chancellor Angela Merkel said the European Union should keep negotiating with the United States on a new free trade deal known as the Transatlantic Trade and Investment Partnership. President Barack Obama leaves office in January, but there are now major doubts about it. President Barack Obama that during the G20 summit held in China...

  • Aluminum

    A hoard of aluminum worth about $2 billion was discovered in a remote desert region in Mexico, the WSJ reported.

  • LIMA, Sept 8- Peru registered a $484 million trade surplus in July, the country's biggest since December 2013, as copper exports surged 81 percent year-on-year and imports dropped 13 percent, the central bank said on Thursday. July 2016 July 2015 Balance+ $484 mln- $317 mln. Exports $3.245 bln $2.850 bln Imports $2.760 bln $3.167 bln.